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Traders on Wall Street showed caution on Thursday morning although US stocks continue to hover near their record highs.
The S&P 500 rose 0.1% in the first few minutes of trading on Thursday, before slipping 0.35%. The index is coming off its eighth gain in the last nine days.
The Dow Jones Industrial Average fell 0.41%, and the Nasdaq Composite dropped 0.43%, following a tech rally that kept US markets in a good mood over recent weeks. On Wednesday, AI chip giant Nvidia and the tech-heavy Nasdaq index both hit new records.
However, the rally has been increasingly accompanied by a growing chorus of concerns that A
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